All your position's data updates live with the market.
Visualize a trade's profit and loss for every potential price point at expiration.
Max profit, max loss, breakeven prices, probabilities, EV, and Alpha shown for every trade.
See where a stock's current price is relative to the position's profit and loss diagram.
Long equity (stock) and risk-defined options strategies including; long debit spreads, short credit spreads, iron condors, and iron butterflies. Calendars, diagonals, straddles, strangles are currently not supported.
Yes, both stocks and options are available to autotrade inside Option Alpha. Please view our full list of supported symbols for more information.
Yes. You have the ability to filter trading opportunities before entering them inside your bots. For example, you could create an automation that only enters a short put spread IF the return on capital is greater than 30% AND the the bid/ask spread is less than $0.05 AND the probability of profit is great than 70%. This is just a small sample, but as you can see, there's a lot of flexibility and power in what you can do.